3209 Iowa St Connersville, IN 47331
This versatile commercial property, located at 3209 Iowa Street in Connersville, Indiana, presents a unique investment opportunity. Situated on a 0.27-acre lot, the building is currently configured as a medical office, offering a readily adaptable layout for a variety of professional or retail uses. The existing interior provides a solid foundation for immediate occupancy or customization to suit specific business needs. The zoning designation is General Business, allowing for a broad range of potential applications. The asking price is $129,900. This presents a compelling opportunity for entrepreneurs and investors seeking a well-located commercial space in a thriving community. The property's convenient location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish a strong presence in the Connersville market. The building's adaptable design and zoning flexibility provide significant potential for future growth and expansion. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy, allowing for a quick start to operations. This is a rare chance to acquire a well-situated commercial building in a desirable location at an attractive price point. Don't miss this chance to secure a valuable asset in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.